Bitcoin plunged as BlackRock's spot ETF options volume hit a record high, fueling speculation of major hedge fund margin calls and accelerating market volatility.
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Bitcoin Plunges as BlackRock ETF Options Volume Surges—Speculation Mounts Over Margin Calls

Bitcoin plunged as BlackRock's spot ETF options volume hit a record high, fueling speculation of major hedge fund margin calls and accelerating market volatility.

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📈INSIGHT: BlackRock Bitcoin ETF options see ‘unheard of’ $1.9B traded on first day

Bloomberg’s senior ETF analyst Eric Balchunas said “$1.9 billion is unheard of for day one,” as the debut for options on BlackRock’s spot Bitcoin ETF saw huge volumes.

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